It’s no secret that junior investment bankers are quitting bulge bracket firms to embark on careers elsewhere. But what if you could come back? And what if you could return to one of the hottest boutiques in the City?
Stuart Mckelvie has done just that. Late last month, he joined Centerview Partners as an associate – two years after quitting his role in Credit Suisse’s consumer and retail investment banking team.
In the interim, according to his LinkedIn profile, Mckelvie has been working as a policy adviser for the New Zealand Ministry of Foreign Affairs & Trade, based out of…Los Angeles.
He left Credit Suisse’s UK investment bank in November 2015, having spent two years there advising on some big deals like Imperial Tobacco’s $7.1bn acquisition of brands from Reynolds and Lorillard.
Now he’s back from LA and is working in the City. Mckelvie has chosen well. Centerview Partners has been moving up the boutique M&A rankings so far this year. It generated $24m in revenues during the first half of 2017 in EMEA, and moved from 11th to third in the boutique banks rankings, according to Dealogic.
Centerview’s London operation remains relatively small, however, and new hires are rare. It had 27 employees in 2016, according to its latest available accounts, and currently has 34 people registered with the Financial Conduct Authority.
As well as Mckelvie, Centerview also just brought in Lucy Jiang as an associate. She was previously working within HBSC’s financial institutions group as an associate.
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